Tax Bites Podcast: Update on China Tax Policy
Recorded before the release of the 8 October Inclusive Framework Statement, we share perspectives on the current state of play for in- and outbound investments in China. Our speakers cover the main corporate income tax aspects, as well as insights on the China tax policy developments, including the main attributes that shape a sustainable tax
The 2022 Belgian budget round
On the 29th October, the council of ministers agreed on the draft program law outlining the 2022 Belgian budget measures. On 9 November at 16.00, PwC Belgium will organise a webinar where our experts will reflect on this set of measures and the impact this may have for businesses in Belgium. If you are interested,
Tax Bites Podcast: The inclusive framework statement of 8 October 2021 explained!
On 8 October 2021, the Inclusive Framework (IF) announced a further agreement backed by 136 (out of 140) members of the Inclusive Framework on the two-pillar approach. In the last few days, a number of countries that initially opposed the reform are now also signing up for it (e.g. Hungary, Ireland and Estonia). With this, all EU
Upcoming changes to the Belgian expat regime – What’s on the table?
What has been in the air for some time is probably becoming a reality, at an accelerated pace. In the framework of the agreement on the Belgian budget, the Federal Government announced its intention to amend the special regime for foreign executives, who are working temporarily in Belgium under specific conditions, by reducing certain benefits
EU cooperative compliance project for transfer pricing announced
The European Commission (EC) has recently published guidelines on the European Trust and Cooperation Approach (ETACA), a pilot project on cooperative compliance within the EU specifically focusing on transfer pricing risks for large multinationals. The ETACA pilot was already announced in the Action Plan for fair and simple taxation supporting the recovery strategy (see also
Belgian government announces measures to transition Belgian economy post-covid
Yesterday, the Belgian Government reached an agreement on the Belgian budget. The budget agreement combines a number of measures to transition the Belgian economy after Covid in an environmentally balanced manner. Some points will need further agreement with the social partners, and some measures are taken explicitly in view of the recent surge of energy
Political agreement on fundamental overhaul of the international tax system
On 8 October 2021, the Inclusive Framework (IF) announced a further agreement backed by 136 (out of 140) members of the Inclusive Framework on the two-pillar approach. In the last few days, a number of countries that initially opposed the reform are now also signing up for it (e.g. Hungary, Ireland and Estonia). With this,
Update COVID-19 and cross-border employment: Agreements with the neighboring countries: extended until 31 December 2021
In our previous newsflashes of 17 June 2021, 23 June 2021 and 24 June 2021 we referred to the extension of the mutual agreements between Belgium and The Netherlands / France / Germany / Luxembourg, which includes a “force majeure tolerance” for cross-border workers in relation to government imposed COVID-19 (travel) restrictions. Despite the fact
